A market economy is an economic system where supply and demand direct the production of goods and services, and consumers and businesses are the driving forces.

Which Economic System is Best and Why? Yates said that most economists favor a market-based economy where the price system determines the outcomes of all market transactions. “In a market-based system ...

Indeed, overall economic imbalances are actually increasing, suggesting the United States’s bilateral focus on China is insufficient to rebalance the international system.

Socialist Market Economy Introduction Since 1978, along with the dismantling of the planned economy system and the deepening of the reform of the economic system, commodity, capital, labor service ...

CNN Opinion’s Bethany Cianciolo spoke with Ruchir Sharma about how capitalism has become increasingly distorted, and why true capitalism is still the best economic system.